--- title: Expeditors International (EXPD) — intrinsic value and fair price canonical: https://sweetvaluelab.com/stocks/expd ticker: EXPD as_of: 2026-10-17 sector: Industrials industry: Integrated Freight & Logistics --- # Expeditors International (EXPD) Expeditors International (EXPD) closed at $195.91 on Oct 16, 2026, overvalued by 80% vs its model value of $109.13 (from a five-year discounted cash flow). ## Key figures | Figure | Value | | --- | ---: | | Last close | $195.91 (Oct 16, 2026) | | Model value (from a five-year discounted cash flow) | $109.13 | | Price vs model | overvalued by 80% vs model | | Range of that model | $82.08 – $177.24 | | Market value | $25.5B | | P/E (fiscal 2025) | 32.9 | | Net margin (fiscal 2025) | 7.4% | | Free cash flow (fiscal 2025) | $953.4M | | Dividend yield (trailing twelve months) | 0.81% | | Beta | 1.06 | | Cost of capital (WACC) | 9.41% | | Business classification | Cyclical (Low/slowing growth (~9% recent), Moderate margins (7% net margin), Highly cyclical earnings) | ## On the stock lists | List | Place | Figure | Page | | --- | ---: | ---: | --- | | Near 52-week highs | #39 | −1.4% | https://sweetvaluelab.com/lists/near-52-week-highs | | Dividend growth streaks | #50 | 29 years | https://sweetvaluelab.com/lists/dividend-growth-streaks | ## Dividends | Figure | Value | | --- | ---: | | Trailing dividend yield | 0.81% | | Dividends per share, last 12 months | $1.58 | | Dividends / free cash flow (fiscal 2025) | 21.8% | | Raised | 29 years in a row | | Growth over 5 years | 7.5% a year | | Latest payment | $0.81, ex-date Jun 1, 2026, paid Jun 15, 2026 | | Year of payments | Dividends per share | | --- | ---: | | To May 28, 2021 | $1.10 | | To May 31, 2022 | $1.25 | | To May 31, 2023 | $1.36 | | To Jun 3, 2024 | $1.42 | | To Jun 2, 2025 | $1.50 | | Trailing twelve months (to Jun 1, 2026) | $1.58 | ## Valuation models Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026. | Model | Role | Value per share | Low | High | | --- | --- | ---: | ---: | ---: | | DCF · Perpetuity growth · 5y | primary | $109.13 | $82.08 | $177.24 | | DCF · Perpetuity growth · 10y | cross check | $108.30 | $83.62 | $168.95 | | DCF · EBITDA exit · 5y | cross check | $131.28 | $96.09 | $172.70 | | DCF · EBITDA exit · 10y | cross check | $123.91 | $92.64 | $165.48 | | P/E · peers | cross check | $145.73 | $113.14 | $173.03 | | P/E · own history | cross check | $141.88 | $94.71 | $170.70 | | PEG | sanity check | $103.65 | $103.65 | $103.65 | | EV/EBITDA · peers | cross check | $127.27 | $86.94 | $172.64 | | EV/Revenue · peers | cross check | $90.07 | $80.43 | $101.70 | | Earnings power value | cross check | $71.37 | $62.88 | $83.08 | | Dividend discount | cross check | $26.30 | $18.70 | $40.55 | ## Insider activity (SEC Form 4) No open-market insider buys or sales filed in the past 90 days. | Date | Insider | Relationship | Transaction | Shares | Value | | --- | --- | --- | --- | ---: | ---: | | Aug 6, 2026 | Gulyas Diane H. | Director | Bona fide gift | 1,400 | $249,984 | | Jun 15, 2026 | Wall Daniel R | President and CEO | Grant / award | 8.626 | $0 | | Jun 15, 2026 | Wall Daniel R | President and CEO | Grant / award | 93.63 | $0 | | Jun 15, 2026 | Wall Daniel R | President and CEO | Grant / award | 100.487 | $0 | | Jun 15, 2026 | Schoonover Gabe O | SVP - Global Ent Svc & CSO | Grant / award | 0.738 | $0 | ## Recent SEC filings | Filed | Form | What | Filing | | --- | --- | --- | --- | | Sep 16, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers | https://www.sec.gov/Archives/edgar/data/746515/000119312526392952/expd-20250916.htm | | Aug 11, 2026 | 8-K | 7.01 Regulation FD Disclosure | https://www.sec.gov/Archives/edgar/data/746515/000119312526344693/expd-20260811.htm | | Aug 5, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/746515/000119312526334457/expd-20260630.htm | | Aug 4, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/746515/000119312526332198/expd-20260804.htm | | May 20, 2026 | 8-K | 7.01 Regulation FD Disclosure | https://www.sec.gov/Archives/edgar/data/746515/000119312526232738/expd-20260520.htm | ## Superinvestors holding it (latest 13F) | Manager | Quarter | Shares | Value | | --- | --- | ---: | ---: | | First Eagle | 2026-06-30 | 2,020,988 | $329.4M | | Bridgewater | 2026-06-30 | 22,183 | $3.6M | 2 tracked managers in all. ## About Expeditors International of Washington, Inc. functions as a prominent global logistics and supply chain management enterprise. With a vast operational footprint spanning the Americas, North and South Asia, Europe, the Middle East, Africa, and India, the company delivers an extensive portfolio of services to its clients. Their core transportation offerings include comprehensive air freight solutions, encompassing both consolidation and forwarding, alongside diverse ocean freight services ranging from consolidated cargo to direct vessel bookings, complemented by efficient order management. Beyond mere transport, Expeditors provides crucial ancillary services such as customs brokerage and clearance, intra-continental ground delivery, and warehousing and distribution. The company's advanced supply chain capabilities feature meticulous purchase order oversight, vendor consolidation, guarantee… --- Source: https://sweetvaluelab.com/stocks/expd (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. 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